Discontinued Operations and Assets and Liabilities Held for Sale (Tables)

3 Months Ended

Mar. 31, 2023

Business Combinations [Abstract]

Summary of Discontinued Operations and Assets and Liabilities Held for Sale

Financial results for the Company's discontinued operations are as follows:

	Three Months Ended
	March 31,
	2023			2022
	(Dollars in Millions)
Total revenues	$	24.6		$	94.7
Pretax loss	$	(17.1	)	$	(4.1	)
Income tax benefit		(4.2	)		(1.0	)
Loss from discontinued operations, net of income tax benefit	$	(12.9	)	$	(3.1	)

Assets and liabilities held for sale are as follows:

	March 31, 2023								December 31, 2022
	Continuing Operations		Discontinued Operations			Total			Continuing Operations		Discontinued Operations			Total
	(Dollars in Millions)
Inventories, net	$	—	$	38.6		$	38.6		$	—	$	31.3		$	31.3
Investment land		20.6		—			20.6			40.6		—			40.6
Other assets		—		0.9			0.9			—		1.3			1.3
Total current assets held for sale	$	20.6	$	39.5		$	60.1		$	40.6	$	32.6		$	73.2
Property, plant and equipment	$	—	$	126.8		$	126.8		$	—	$	124.5		$	124.5
Intangible assets, excluding goodwill		—		208.5			208.5			—		208.5			208.5
Operating lease right-of-use assets		—		11.9			11.9			—		12.1			12.1
Goodwill		—		31.9			31.9			—		31.9			31.9
Valuation allowance for loss on sale		—		(4.5	)		(4.5	)		—		(4.5	)		(4.5	)
Total noncurrent assets held for sale	$	—	$	374.6		$	374.6		$	—	$	372.5		$	372.5
Lease obligations	$	—	$	(4.2	)	$	(4.2	)	$	—	$	(4.5	)	$	(4.5	)
Total current liabilities held for sale	$	—	$	(4.2	)	$	(4.2	)	$	—	$	(4.5	)	$	(4.5	)
Lease obligations	$	—	$	(3.3	)	$	(3.3	)	$	—	$	(4.1	)	$	(4.1	)
Asset retirement obligations		—		(17.9	)		(17.9	)		—		(17.7	)		(17.7	)
Total noncurrent liabilities held for sale	$	—	$	(21.2	)	$	(21.2	)	$	—	$	(21.8	)	$	(21.8	)